Tesla’s foray into the electric pickup segment, the Cybertruck, is not just another addition to its fleet but a significant brand accelerator, according to Tesla’s top designer, Franz von Holzhausen. Speaking at the Petersen Automotive Museum in Los Angeles, von Holzhausen emphasized that the Cybertruck’s distinctive, angular design is a strategic move to stir conversations […]

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Tesla witnessed a 2% decline in share price following the launch event of its long-awaited Cybertruck, which raised concerns over its hefty price and the timeline for economic returns. The electric truck’s base price is set at a substantial $60,990, a figure that exceeds CEO Elon Musk’s initial projection by a significant margin. “Cybertruck’s impact on Tesla’s financials in […]

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October turned out to be a tempestuous month for mega-cap stocks, as a cocktail of rising U.S. interest rates and shaky earnings reports led to volatile valuations. At the heart of this rollercoaster were some of the most prominent tech firms, each impacted by a variety of factors ranging from cloud service demand to government […]

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Tesla, the electric car giant, has recently reported a decline in its third-quarter deliveries, missing market projections. This news has sent ripples through the automotive and investment communities, leading to a dip in the company’s stock prices. Details on the Delivery Shortfall Tesla’s announcement revealed that the company’s third-quarter deliveries fell short of market expectations. […]

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